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president biden moving to keep gas price s down with the critical midterm elections fast approaching. good morning, it is wednesday, october 19th i m brianna keilar with john berman. today the president is expected to announce he s authorizing the release of 15 million more barrels from the u.s. strategic reserve. the draw down first announced in march to release 180 million barrels. and on the inflation front, millions of americans could see a bump in paychecks next year thanks to an inflation adjustment in the tax code. this comes as president biden and democratic candidates lockdown midterm messaging. the focus now, economy and abortion. president biden was speaking trying to rally voters still angry about the supreme court decision on roe v. wade, pledging to protect abortion rights if more democrats are elected to congress. right now, we re short a handful of votes. if you care about the right to choose, then you got to vote. that s why these midterm elections are
Brittney-grinerPrisonRussianBirthdayName32243EverybodyHomePartLay-upLot 4% of the dow is the worst we ve seen in two years. all hit hard because inflation remains stuck and no one can get it under control. an 8.3% annualized inflation rate. the core rate, that is without food and energy, also soaring more than 6.3%. this is the fourth 1,000 point sell-off for the dow just this year. again, this was a worse than expected inflation report. now the president is heralding this inflation reduction act that some people said is actually making the situation worse. because across the board, prices are going up. he s touting the prospect of eventually drug prices going down. even if he gets that and it s a herculean leap, it would be but a fraction of the overall costs that continue to soar. keep this in mind that with inflation running north of 8%, most food and related items are running at about double to sometimes triple that. whatever progress we ve seen on gasoline and related prices has done little to affect prices almost everywhere else. and then a
WorldNationPrescription-drugsAmericaProblemNeil-cavutoReasonDrug-pricesManyRhymeParty-crasherBig-pharma-blocked-medicare marquardt. new hope for more than two dozen premature babies evacuated from a decimated hospital in gaza as israel tries to make the case that the medical facility was a hamas command center. plus, tech madness. openai now in turmoil after a chaotic 72 hours seeing its ceo fired and quickly hired over at microsoft. hundreds of workers at openai threatening to follow him. a heated courtroom showdown right now. donald trump fighting his gag order in the federal 2020 election subversion case. trump says it s about the first amendment and free speech. special counsel says trump is trying to intimidate witnesses. following these major developing stories and many more coming in right here to cnn news central. we begin this hour with more fighting at gaza s hospitals. israel s military says its troops target add group of militants after they opened fire from inside the indonesian hospital overnight. the head of the world health organization says he is appalled by the attack,
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